Engineering Economics
A young engineer borrowed P 10,000 at 12% interest and paid P 2,000 per annum for the last 4 years. What does he have to pay at the end of the fifth year in order to pay off his loan?

P 6,292.93
P 6,922.93
P 6,999.39
P 6,222.39

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Engineering Economics
In a cash flow series:

All of these
Uniform gradient signifies that an income or disbursement changes by the same amount in each interest period
The gradient in the cash flow may be positive or negative
Either an increase or decrease in the amount of a cash flow is called the gradient

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